The company entered 2018 following a bruising holiday season, in which a reduced tech assortment and in-store pharmacy closures contributed to same-store sales declines of 16-17 percent at Sears and Kmart for the first two months of Q4.

Sears is projecting a net loss of between $320 million and $200 million for the quarter, reduced from a year-ago net loss of $607 million.